Insider Selling: Vinci Compass Investments (NASDAQ:VINP) Insider Sells $142,124.22 in Stock

Vinci Compass Investments Ltd. (NASDAQ:VINP) insider Fernando Lovisotto sold 12,533 shares of the company’s stock in a transaction dated Friday, October 9th. The stock was sold at an average price of $11.34, for a total value of $142,124.22. Following the sale, the insider owned 94,978 shares of the company’s stock, valued at approximately $1,077,050.52. This trade represents a 11.66% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Fernando Lovisotto also recently made the following trade(s):

• On Wednesday, October 14th, Fernando Lovisotto sold 5,511 shares of Vinci Compass Investments stock. The shares were sold at an average price of $10.87, for a total value of $59,904.57.
• On Tuesday, October 13th, Fernando Lovisotto sold 4,864 shares of Vinci Compass Investments stock. The shares were sold at an average price of $11.19, for a total value of $54,428.16.
• On Monday, October 12th, Fernando Lovisotto sold 8,988 shares of Vinci Compass Investments stock. The shares were sold at an average price of $11.47, for a total value of $103,092.36.
• On Thursday, October 8th, Fernando Lovisotto sold 4,316 shares of Vinci Compass Investments stock. The shares were sold at an average price of $10.95, for a total value of $47,260.20.
• On Wednesday, October 7th, Fernando Lovisotto sold 2,632 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.71, for a total value of $28,188.72.
• On Tuesday, October 6th, Fernando Lovisotto sold 5,245 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.73, for a total value of $56,278.85.
• On Monday, October 5th, Fernando Lovisotto sold 11,748 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.44, for a total value of $122,649.12.

Vinci Compass Investments Stock Up 1.1%

Shares of Vinci Compass Investments stock opened at $10.95 on Friday. Vinci Compass Investments Ltd. has a 12-month low of $9.13 and a 12-month high of $13.61. The company has a quick ratio of 3.58, a current ratio of 3.58 and a debt-to-equity ratio of 0.38. The stock has a 50 day moving average price of $9.78 and a two-hundred day moving average price of $10.05. The stock has a market capitalization of $716.35 million, a P/E ratio of 15.64 and a beta of 0.26.

Vinci Compass Investments (NASDAQ:VINP) last released its quarterly earnings results on Wednesday, August 12th. The company reported $0.19 EPS for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.02). Vinci Compass Investments had a net margin of 23.77% and a return on equity of 12.65%. The firm had revenue of $54.05 million during the quarter, compared to the consensus estimate of $56.12 million. Equities analysts expect that Vinci Compass Investments Ltd. will post 0.80 earnings per share for the current year.

Vinci Compass Investments Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 9th. Investors of record on Tuesday, August 25th were issued a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 6.2%. The ex-dividend date of this dividend was Tuesday, August 25th. Vinci Compass Investments’s dividend payout ratio is currently 97.14%.

Institutional Trading of Vinci Compass Investments

Several hedge funds have recently added to or reduced their stakes in VINP. R Squared Ltd grew its holdings in Vinci Compass Investments by 6.4% in the 1st quarter. R Squared Ltd now owns 52,686 shares of the company’s stock valued at $556,000 after buying an additional 3,153 shares during the last quarter. Engineers Gate Manager LP increased its position in Vinci Compass Investments by 46.0% in the 2nd quarter. Engineers Gate Manager LP now owns 16,279 shares of the company’s stock worth $158,000 after buying an additional 5,129 shares during the period. Public Employees Retirement System of Ohio bought a new position in Vinci Compass Investments in the 2nd quarter worth approximately $54,000. Renaissance Technologies LLC increased its position in Vinci Compass Investments by 12.2% in the 1st quarter. Renaissance Technologies LLC now owns 84,900 shares of the company’s stock worth $896,000 after buying an additional 9,264 shares during the period. Finally, Deltec Asset Management LLC increased its position in Vinci Compass Investments by 136.1% in the 1st quarter. Deltec Asset Management LLC now owns 59,934 shares of the company’s stock worth $632,000 after buying an additional 34,553 shares during the period. Institutional investors own 34.07% of the company’s stock.

Wall Street Analysts Forecast Growth

VINP has been the topic of a number of research analyst reports. Zacks Research lowered shares of Vinci Compass Investments from a “hold” rating to a “strong sell” rating in a research note on Thursday, September 10th. JPMorgan Chase & Co. cut their target price on shares of Vinci Compass Investments from $15.00 to $14.00 and set an “overweight” rating for the company in a research report on Thursday, September 10th. Finally, Weiss Ratings lowered shares of Vinci Compass Investments from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, October 8th. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $14.00.

Vinci Compass Investments Company Profile

Vinci Partners Investments Ltd. is an alternative investment platform focused primarily on Brazil and Latin America. The company provides investment management and advisory services to institutional investors, family offices, high-net-worth individuals and other clients through a range of private- and public-market strategies.

Its offerings have included private equity, infrastructure, real estate, private credit, hedge funds and public equities. Vinci also manages investment vehicles and provides related asset-management services designed to give clients access to Brazilian and other Latin American opportunities across multiple asset classes.

Founded in 2009, Vinci Partners is headquartered in Brazil and serves both domestic and international investors.